Call reports 2024
SECURITY BANK — 2024
What SECURITY BANK reported to the FFIEC in 2024, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Total assets | 308,761,000 | 305,950,000 | 303,008,000 | 318,036,000 |
| Total loans | 190,789,000 | 199,735,000 | 197,279,000 | 206,360,000 |
| Allowance for loan losses | 2,183,000 | 2,215,000 | 2,241,000 | 2,254,000 |
| Securities available for sale | 54,190,000 | 51,963,000 | 49,870,000 | 47,719,000 |
| Securities held to maturity | 23,022,000 | 22,729,000 | 22,640,000 | 22,501,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 270,776,000 | 271,146,000 | 265,635,000 | 270,948,000 |
| Interest-bearing deposits | 221,309,000 | 225,730,000 | 215,358,000 | 219,449,000 |
| Noninterest-bearing deposits | 49,467,000 | 45,416,000 | 50,277,000 | 51,499,000 |
| Equity capital | 31,671,000 | 33,234,000 | 35,158,000 | 32,980,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Interest income | 4,129,000 | 8,558,000 | 12,985,000 | 17,215,000 |
| Interest expense | 1,456,000 | 3,019,000 | 4,641,000 | 6,165,000 |
| Net interest income | 2,673,000 | 5,539,000 | 8,344,000 | 11,050,000 |
| Noninterest income | 636,000 | 1,380,000 | 2,135,000 | 2,731,000 |
| Noninterest expense | 2,274,000 | 4,606,000 | 7,040,000 | 9,410,000 |
| Provision for loan losses | 30,000 | 60,000 | 90,000 | 120,000 |
| Pretax income | 863,000 | 2,114,000 | 3,210,000 | 4,113,000 |
| Income tax | 28,000 | 55,000 | 71,000 | 93,000 |
| Net income | 835,000 | 2,059,000 | 3,139,000 | 4,020,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2024Q1 | 2024Q2 | 2024Q3 | 2024Q4 |
|---|---|---|---|---|
| Tier 1 capital | 36,617,000 | 37,910,000 | 39,061,000 | 37,856,000 |
| Total capital | 38,839,000 | 40,164,000 | 41,341,000 | 40,149,000 |
| Risk-weighted assets | 234,758,000 | 245,772,000 | 244,092,000 | 256,040,000 |